About Hargray
Hargray is a company based in Hilton Head Island (United States) founded in 1947 was acquired by Cable ONE in February 2021.. The company has 847 employees as of December 31, 2020. Hargray has completed 7 acquisitions, including ComSouth, Dark Fiber Systems and Electronet. Hargray offers products and services including High-Speed Internet, Cable TV, and Home Phone. Hargray operates in a competitive market with competitors including KPN, FPT Telecom, Ciena, Hong Kong Broadband Network and Bezeq, among others.
- Headquarter Hilton Head Island, United States
- Employees 847 as on 31 Dec, 2020
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Sectors
Telecommunications
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Email
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Phone
*********
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Website
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Social
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- Legal Name Hargray Communications
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Products & Services of Hargray
Hargray offers a comprehensive portfolio of products and services, including High-Speed Internet, Cable TV, and Home Phone. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers reliable speeds for streaming, gaming, and remote work.
Provides digital channels and on-demand content for entertainment.
Offers reliable calling with features like international plans.
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Funding Insights of Hargray
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $480.0M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2017 | Amount | Debt – Conventional - Hargray | Valuation |
investors |
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| Jun, 2015 | Amount | Private Equity Round - Hargray | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hargray
Hargray has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Stephens, Sparklight and The Pritzker Organization. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth-equity investments are managed by the private investment firm.
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Founded Year | Domain | Location | |
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Limited information is provided about Redwood Holdings' activities.
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Founded Year | Domain | Location | |
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Venture capital is invested in information and communication technology sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hargray
Hargray has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include ComSouth, Dark Fiber Systems and Electronet. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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IT services are provided by Infinity Network Solutions.
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2000 | ||||
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Cable television services are provided in Eatonton, United States.
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1999 | ||||
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Activated bleaching earth is manufactured for oil and fat refining.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hargray
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hargray Comparisons
Competitors of Hargray
Hargray operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KPN, FPT Telecom, Ciena, Hong Kong Broadband Network and Bezeq, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Mobile and fixed-line telecommunication services are provided across Europe.
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Broadband internet, IPTV, and data services are offered in Vietnam.
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| domain | founded_year | HQ Location |
Cloud-based network management software is provided for infrastructure planning.
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| domain | founded_year | HQ Location |
Provider of fibre optic broadband internet services
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| domain | founded_year | HQ Location |
Telecom services provider in Israel
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| domain | founded_year | HQ Location |
Datacenter colocation, communication technology, and managed services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hargray
Frequently Asked Questions about Hargray
When was Hargray founded?
Hargray was founded in 1947 and raised its 1st funding round 68 years after it was founded.
Where is Hargray located?
Hargray is headquartered in Hilton Head Island, United States. It is registered at Hilton Head Island, South Carolina, United States.
How many employees does Hargray have?
As of Dec 31, 2020, the latest employee count at Hargray is 847.
What does Hargray do?
Hargray was founded in 1947 and is headquartered in Hilton Head Island, United States. Fixed-line telecommunication and TV services are provided to residential and business customers, including internet access up to 300Mbps, television, telephone lines, and full home coverage solutions. Carrier wholesale services such as backhaul, direct internet access, DWDM, and TDM are also offered. The wireless unit was sold to Cricket Wireless for 30 million in 2007.
Who are the top competitors of Hargray?
Hargray's top competitors include KPN, Ciena and Community Fibre.
What products or services does Hargray offer?
Hargray offers High-Speed Internet, Cable TV, and Home Phone.
How many acquisitions has Hargray made?
Hargray has made 7 acquisitions, including ComSouth, Dark Fiber Systems, and Electronet.
Who are Hargray's investors?
Hargray has 5 investors. Key investors include Stephens, Sparklight, The Pritzker Organization, Redwood Holdings, and Quadrangle Group.
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